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April 26, 2019, 1:25 AM
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| New York Times: |
Sources: as it weighs constraints for Facebook, the FTC has discussed stronger monitoring of Facebook's privacy practices and direct punishment of Zuckerberg — Regulators on four continents are preparing for a long-awaited showdown with Facebook, after years of disinterest and half-steps.| Mike Isaac / New York Times: |
New York State Attorney General announces investigation into Facebook's unauthorized collection of more than 1.5M users' email address books — SAN FRANCISCO — The New York State attorney general's office plans to open an investigation into Facebook's unauthorized collection …
More:
NY State Attorney General, Bloomberg, Financial Times, Slate, CNBC, Axios, Yahoo Finance, Engadget, CNET, Business Insider, The Hill, CNN, The Verge, TheStreet, NBC News, Mashable, and Seeking Alpha
Tweets: @kpoulsen, @robaeprice, @profcarroll, and @mikeisaac
| Tony Romm / Washington Post: |
Canadian privacy regulator finds that Facebook committed serious breaches of local privacy laws due to its mishandling of users' personal info — Canadian regulators on Thursday found that Facebook committed “serious” breaches of local laws over its mishandling of users' personal information …
More:
priv.gc.ca, Office of the Privacy …, Bloomberg, The Register, Wired, New York Times, The Verge, Mashable, and TechCrunch
Tweets: @profcarroll, @mgeist, @profcarroll, and @mgeist
| Frank Chaparro / The Block: |
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor — The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
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NY State Attorney General, NY State Attorney General, Wall Street Journal, Bloomberg, CoinDesk, CoinDesk, Messari Crypto, NY State Attorney General, SiliconANGLE, Fortune, Ethereum World News, The Block, The Block, CryptoSlate, NewsBTC, Mashable, Cointelegraph, and Axios
Tweets: @iamjosephyoung, @coindesk, @robustus, @jeffjohnroberts, @alistairmilne, @jeffjohnroberts, @tracyalloway, @patio11, @bryceweiner, @patio11, @bryceweiner, @davidgerard, @bascule, @ofnumbers, @patio11, @tuurdemeester, @jeffjohnroberts, @haydentiff, @bitfinexed, @theblock__, @bmmrobertson, @fintechfrank, @theblock__, @katherineykwu, @bryceweiner, @rolflobker, @_mikemalley, @patio11, @francispouliot_, and @bitfinexed
| Motherboard: |
Sources: at a Twitter all-hands, a staffer said it doesn't block white supremacist content as aggressively as ISIS since algorithms may ban some GOP politicians — A Twitter employee who works on machine learning believes that a proactive, algorithmic solution to white supremacy would also catch Republican politicians.
More:
The Hill, Business Insider, Boing Boing, and Axios
Tweets: @jason_koebler, @carnage4life, @josephfcox, @businessinsider, @josephfcox, @tomcoates, @mikeisaac, @juddlegum, @timfernholz, @josephfcox, @cwarzel, and @tomgara
| Tony Romm / Washington Post: |
Tweets: @rvoronacote, @qasimrashid, @markseibel, @jordanuhl, @jamilsmith, @davidmweissman, @haydenblack, @imraansiddiqi, @tonyromm, and @semil
| Shannon Liao / The Verge: |
Amazon says it's working to offer free one-day shipping as the default for Prime customers but that it will take “a significant amount of time to achieve” — Amazon revealed today that it's working to offer free one-day shipping as the default for Amazon Prime customers …
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Gizmodo, Digital Trends, MarketWatch, CNET, Quartz, Business Insider, SlashGear, 9to5Toys, BuzzFeed News, and Ars Technica
Tweets: @mattmday, @shannonpareil, @kyweise, and @kantrowitz
| Amazon: |
Amazon reports Q1 revenue of $59.7B, up 17% YoY, operating income of $4.4B, up from $1.9B in Q1 2018, and net income of $3.6B, up from $1.6B in Q1 2018 — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2019.
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CNBC, CNBC, VentureBeat, Business Insider, New York Times, The Verge, ZDNet, GeekWire, SiliconANGLE, and TechCrunch
Tweets: @stevekovach, @epro, @eugenekim222, and @whatthebit
| Emil Protalinski / VentureBeat: |
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CNN, MarketWatch, Financial Post, GeekWire, CNBC, Reuters, CNET, CNN, and Telegraph
Tweets: @dee_bosa, @alexweprin, @martyswant, @charliebilello, and @dee_bosa
| Dieter Bohn / The Verge: |
iFixit says it has removed its Samsung Galaxy Fold teardown at Samsung's request through a “trusted partner” who supplied iFixit with the phone — The drama is unfolding with increasing strangeness — What in the world is going on over at Samsung in the wake of the Galaxy Fold delay?
More:
iFixit, Engadget, Ars Technica, Android Police, CNET, Android Central, SlashGear, and 9to5Google
Tweets: @backlon, @ifixit, @geerlingguy, @markgurman, @chillmage, @starfire2258, @reneritchie, @dcseifert, @tomwarren, and @detroitborg
| Dean Takahashi / VentureBeat: |
Intel slightly beats with Q1 revenue of $16.1B, flat YoY, “data-centric” revenue down 5% YoY, and PC revenue up 4% YoY; stock down 7%+ after hours — Intel slightly beat Wall Street's expectations for the first quarter as the company reported earnings of 17 cents a share on revenue of $16.1 billion.
More:
Intel, The Register, The Information, Financial Times, SiliconANGLE, Reuters, Oregonian, Financial Times, CNBC, Silicon Valley Business …, ZDNet, Barron's Online, and MarketWatch
Tweets: @stephennellis, @ldignan, @charliebilello, @lexnfx, @rogoway, and @stephennellis
| Chaim Gartenberg / The Verge: |
Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement — Which came first, the chicken or the egg? — Intel has clarified that it bowed out of the mobile 5G marketplace earlier this month, and now we know why … | Bloomberg: |
Sources: Uber is planning IPO price range of about $44-$50 a share, which could value the ride-hailing company at $80B-$90B; Uber was last valued at about $76B — - Ride-hailing company planning price range of $44 to $50/shr — Uber could seek to raise about $8 billion to $10 billion
More:
Wall Street Journal, Reuters, SiliconANGLE, CNBC, New York Times, Business Insider, Seeking Alpha, and TechCrunch
Tweets: @scottmaustin, @robert_fenner, @business, @ldrogen, @jyarow, @stevekovach, and @danprimack
| Eddie O'Neil / Facebook Developers: |
Facebook says it will no longer permit apps with minimal utility, such as personality quizzes, and will expire user permissions not used or accessed in 90 days — As part of our ongoing commitments to privacy and security, we are making updates to our platform.
More:
The Hill, The Verge, SlashGear, Mashable, Bloomberg, and Telegraph
Tweets: @robaeprice, @stevekopack, @rmac18, @martinsfp, @mcwm, and @shiraovide
| Ashley Carman / The Verge: |
After Luminary admits using links that hide some podcast listener data, popular creators like Ben Thompson, Owen Williams, Federico Viticci pull their podcasts — It hid listener data from creators, which they need to make their shows — Major creators are continuing to remove their shows from Luminary …
More:
TechCrunch, Nieman Lab, Techdirt, and The Mac Observer
| Colin Lecher / The Verge: |
Google says it is changing how employees can report harassment and discrimination, publicly releases its policy on harassment and other workplace issues — Changes follow last year's walkout of workers — After pledging to make cultural changes following a mass walkout of employees last year …
More:
The Keyword, Business Insider, Forbes, and Engadget
| Sergiu Gatlan / BleepingComputer: |
Microsoft says it will drop password expiration policies with the Windows 10 May 2019 Update, suggests organizations implement other password security practices — Microsoft announced the configuration baseline settings draft release for Windows 10 v1903 (19H1) and Windows Server v1903 …
More:
The Register, Ars Technica, WinBuzzer, gHacks Technology News, AskWoody, and TechRepublic
Tweets: @norcert, @carrohalpin, @grouppolicyguy, @swiftonsecurity, @webimprints, and @swy
| CNBC: |
A marketplace for pre-IPO securities says some Slack investors have been selling stock at $28/share ahead of its IPO, which would value the company at ~$16.7B — - Slack investors are getting up to $28 a share to sell some of their holdings ahead of a public offering.| Colin Lecher / The Verge: |
Leaked documents show how Amazon automatically tracks and terminates warehouse workers for failing to meet productivity quotas — Amazon's fulfillment centers are the engine of the company — massive warehouses where workers track, pack, sort, and shuffle each order before sending it on its way to the buyer's door.
More:
Mashable, Business Insider, GeekWire, and The Guardian
Tweets: @profgalloway, @colinlecher, @russellbrandom, @jsneedles, @amydentata, @marysuesays, @somospostpc, @reckless, and @athertonkd
| Tim Ingham / Music Business Worldwide: |
Sources: Amazon is readying a high fidelity music streaming service that's expected to launch before the end of 2019, will likely cost $15 per month — Here comes Amazon. — Less than a week after the online giant launched its first fully free music streaming service … | Tom Warren / The Verge: |
Microsoft briefly passed a market cap of $1T, the third US company to do so after Apple and Amazon — Strong earnings push Microsoft toward a new milestone — Microsoft has become the third US company to pass a market cap of $1 trillion. The software giant passed the milestone after a jump …
More:
CNET, CNBC, Bloomberg, Fortune, Wall Street Journal, and Philip Elmer‑DeWitt
Tweets: @charliebilello, @danielahanley, @carnage4life, and @joshelman
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